SS&C upgrades HiPortfolio software

SS&C Technologies Holdings has launched the latest version of HiPortfolio, its investment accounting and asset servicing software.

This further automates corporate actions income announcements and auditing, and streamlines unit pricing workflow and reconciliation operations to help move towards straight-through-processing, it says. Another significant development includes improved interoperability with other systems to support integration of critical accounting data and reporting. The new release also expands the franking credits functionality to better handle localised tax reporting and rules in Australia, adds SS&C.

“Our customers are turning to HiPortfolio’s sophisticated features to streamline complex operational processes while keeping pace with client demand for better transparency and reporting,” said Christy Bremner, senior vice president and general manager, SS&C’s institutional & investment management division. “We have a number of customers upgrading to the latest release of HiPortfolio and we are committed to helping our customers simplify their investment operations.”